Read the full report | Faced with a $225,000,000 budget shortfall, some Maine legislators are considering significant tax increases in order to close the budget gap. Perhaps the most popular proposed solution is raising the sales tax by either increasing the rate 20 percent (to 6 percent from 5 perc ...

Read the full report | Maine shares a border with only one other state—New Hampshire. More importantly, from a tax policy perspective, the Maine- New Hampshire border represents one of, if not the, largest tax differentials in the country. According to the Census Bureau, in FY 2005, Maine’s tax ...